According to Reuters, Yum China Holdings (YUMC) approached by Hillhouse Capital Group

POTENTIAL DEAL DETAILS

China’s Hillhouse Capital Group is in talks to buy Yum China Holdings Inc (YUMC), which operates KFC restaurants in the country, the Information news website reported.

Update(s):

August 14, 2018: Investment firms are exploring a buyout of Yum China Holdings Inc. (YUMC) in what could be one of Asia’s biggest M&A deals this year, sources close to the situation told Reuters.

August 28, 2018: Yum China Holdings Inc. (YUMC) has rejected a private buyout offer from a consortium of investors that valued the restaurant operator at more than $17 billion, according to a person familiar with the matter.

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